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20121220
20121220
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CNBC 9
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CSPAN 4
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KQED (PBS) 4
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SFGTV 2
COM 1
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English 39
Search Results 0 to 40 of about 41 (some duplicates have been removed)
CNBC
Dec 20, 2012 4:00am EST
next month. tech stocks fall in europe after ericsson unveils a swedish crown writout related to its loss chip venture. >>> reports say the intercontinental call is in talks to buy euro next. >>> and vows to continue the current government's battle against japanese territorial claims. >>> japan's central bank has decided to extend its asset purchase program to $120 billion. it will review the bank's stance on price stability next month. abe has been putting pressure on the boj to raise its inflation target to 2% as part of efforts to fight deflation. for more on the fallout or the impact here, let's talk to luca from asia pacific. you look like you're in mourning here, but it sounds like the bank of japan has delivered pretty much what the market was looking for the. >> yes. it was delivered in order to be seen as losing independence after the campaign, very aggressive campaign from the ldp party on the bank of japan independence. actually, what -- the only policy they didn't really try, according to ldp, was being extremely aggressive, not as -- or much more aggressive than what the
PBS
Dec 19, 2012 6:30pm PST
for the second month in a row. although europe's biggest economy is experiencing a slowdown, this fresh optimism for the six months ahead. >> the closely watched fio -- ifo index climbed by one point this month. only wholesalers and retailers are not sharing the positive outlook. the index takes the pulse of 7000 companies across germany. for more now, we had to the franc fort -- frankfurt stock exchange. positive news on the german economy. has that brought some cheer on the floor there? >> this is indeed a very nice christmas present and a strong signal that the german economy will recover again after its winter sleep, but the dax did not make a huge step forward. the stronger than expected ifo index may prevent european central banks from lowering interest rates again. >> we have had developments also in a libor scandal that broke earlier this summer. tell us about that. >> yes, the news is very bad. ubs has to pay the record fine of 1.2 billion euros in this libor scandal and its manipulation of interest rates. some british banks also have to pay millions of euros, and also deutsche bank is
LINKTV
Dec 20, 2012 5:30am PST
europe. we have this area of low pressure. this frontal system giving some torrential rainfall. and improvement here but on the forward edge of this frontal system there is likely to be some snow extending down toward the alpine region. some shower weather for the u.k. and much of france, too. over eastern parts of europe seeing cloudy skies, outbreaks of rain. -14 degrees is expected in moscow. we have a fairly brisk, northwesterly wind making an impact all the way down towards sudan seeing temperatures below average at 29 degrees. as we move into central parts of africa, while the monsoon rains are pushing further, a decent amount of rain is being reported but generally you see the rainfall pushing away from the democratic republic of the," . -- of congo. >> the french president, president hollande, has addressed the parliament as it celebrates 50 years of independence. although he did not directly apologize, he did say he recognized the suffering experienced by algerians. u.n. secretary general ban ki- moon sees little hope for political dialogue and is worried about atrocit
CNBC
Dec 20, 2012 5:00pm EST
supported the marshall plan that helped europe regain its strength. and pioneered the atm, so you can get cash when you want it. it's been our privilege to back ideas like these, and the leaders behind them. so why should our anniversary matter to you? because for 200 years, we've been helping people and their ideas move from ambition to achievement. and the next great idea could be yours. ♪ >>> you said repeatedly, at one point, you said, if you succeed, you're going to be donating the money to charity. you called it blood money. >> yes. i don't want to make money off of this. >> because? >> i just -- it's not a happy thing. you've had millions of low income people around the world who gotten their hopes up that there's an opportunity for them to become millionaires or hundred thousand-aires or something like that and they've been duped. >> that was big ackman earlier today. shares of herbalife have tumbled roughly 21% since cnbc first reported on a short position in yesterday's session. dr. jay, when you heard he was donating the money to charity, you said, that's lame. why? >> spoken
CNBC
Dec 19, 2012 11:00pm EST
't talk enough about it. and i've got to tell you, that's got to change in 2013. then there's europe. today, just today, i am wearing a tie that commemorates a brilliant strategy. one which works so amazingly that i'm still dazzled by it. what's happening on this tie? it's a man, a man in a suit kicking a can down the road. you see, while the europeans were kicking the can, they gave themselves time to develop a plan to allow governments and banks to raise capital and fix their respective balance sheets at lower levels than anyone thought possible. coming into the year, you know what my number one worry was? we believe that every time italy and spain would have to raise money, go to the debt markets, do those deals, interest rates would shoot through the roof, bankrupting all involved, sovereign countries, companies, banks. instead, by letting cooler heads prevail through can kicking, smart private sector investors kicked the tires, not the cans, and they bought the debt. hit home runs every time they did. as rates came down hard, courtesy of central bank backstops that really did wo
KCSMMHZ
Dec 20, 2012 6:00am PST
in europe and soured relations between japan and china. they also referred to the bank's latest tankan survey, showing business sentiment among major manufacturers falling to the worst level in almost three years. incoming leader shinzo abe met bank of japan governor on tuesday. he said he wants to set an inflation target of 2%. policy makers decided to discuss the inflation target in their next meeting scheduled for next month. >>> after the meeting shirakawa stressed the board members will discuss at length abe's demands. >> translator: we will spend the next month preparing for the discussions. i hope we will reach a conclusion at the next policy meeting in january. there is no final decision at this point. >> abe gave a cautious comment on the bank of japan's decision. >> translator: the central bank is putting into practice one by one what we campaigned for in the lower house election. i hope to see a good outcome from these moves before the upcoming upper house election. we work hard so people won't vote against our party as they did to the democratic party in the recent general
KCSMMHZ
Dec 20, 2012 2:30pm PST
by the lower court. >> he admitted to manipulating more than 20 games across europe. together with a group of accomplices, he plate -- paid cash to players and officials to influence the action on a field. he put big bets on those games by bookmakers in asia. the court today confirmed that it was a clear attempt to cheat them out of money. >> the court today made a clear ruling confirming that the manipulation of sporting betts announced -- amounts to fraud. the bookmakers were in effect deceived. >> but the judges also overturned parts of the original verdict. he had already served time in jail for a previous scandal involving a referee. in his second trial, he helped the police investigation. the judges say that was not reflected in the sentence, but he cannot count on a softer sentence when the case goes back on trial. prosecutors will be trying for a longer jail term. europe's biggest betting scandal is far from over. >> let's stay with soccer. it has been a relatively easy draw for germany's key teams in the second round of the champions league. let's have a look now at the upcoming m
PBS
Dec 19, 2012 4:30pm PST
many issues. for example, we're still trying to figure out europe and the depth and duration of that economy. that's just one of many. clearly i don't need another challenge coming from the uncertainty around the fiscal cliff. >> susie: you do a lot of business in china, and you're very bullish on china. can your business in china offset any during you might have in your business from what goes on in the u. economy? >> probably not. i'm bullish in the auto business and the building trades, but that is not going to be enough to offset the fiscal cliff, and we're going to have to manage europe at the same time. >> susie: let's say there is no deal and the u.s. economy really slows down, or as some people say could go into a recession, how are you preparing for that possibility? >> we're trying to make those investments that are strategic, and holding back on our hiring because we don't know the growth rates. we're probably looking at the different ways to duce our poits from a logical standpoint, and we're trying to pull every lever to give us some latitude and leverage. >> sus
PBS
Dec 19, 2012 11:00pm PST
's largest trading partner, europe's economy remains on prepares you footing despite several months of relative calm and there's a growing debate abt whher e u.k should lead the e.u. earlier this month we covered the "economist" magazine read "good-bye europe, look what happened when britain left the e.u. " i'm pleased to have george osborne back on this program and back at this table. >> thank you very much. >> rose: you're in new york city for a speech at the manhattan institute. >> i did that last night and had some meetings on wall street, seeing them there later. >> rose: so what's your message about the british economy to manhattan institute as well as the mayor and wall street? >> well, the basic message is itaiis on for business. if you want to come and invest in a country that is dealing with its problems, cutting its business taxes, providing opportunities for companys to go britain is the place. i think we're doing better. >> rose: you do? >> i certainly do. >> rose: the numbers don't look like that. >> well, actually, look at the u.k. compared to many western economies,
CNBC
Dec 20, 2012 3:00pm EST
means i.c.e. will be clearing its equity trades in europe. this deal will not face regulatory scrutiny with the way that this is formed. the former deal attempts with deutsche boerse fell and here there was no overlap between i.c.e. and nyc. however, this clearing agreement makes it very tough and expensive to break up this deal between nyc and i.c.e., so the question market sources are asking now is what is the next move for cme group, nasdaq, hong kong exchange, among others? let's talk about when,deal and what it all means right now. scott, this is part of the deal that's really being underreported and not spoken about too much. that's the clearing exchange partnership. that's going to make it very tough to penetrate and to get any competitors to break up this deal. >> officials all over the globe who are assessing this deal and trying to figure out what they are going to do next to try to remain competitive. joining us now are david faber, bob pisani and steven guilfoyle and rick santelli at the cme. first, david, who broke the story this morning, i guess this deal had to happen ba
CNBC
Dec 20, 2012 6:00am EST
right now at where things stand in europe, you'll see that the ftse is barely higher. but you do see a bit of a decline for germany and france and modest moves across all of these markets. the bank of japan easing monetary policy again today, announcing an increase of its asset buying and lending program by more than $118 billion. that move was widely expected as part of the reason that you had seen the yen under quite a bit of pressure, yesterday, at least. you'll see right now that in japan, the market there actually closed down by just over 1%, 1.2% almost. the hang seng and the shanghai composite were slightly higher. oil prices this morning, you'll see right now, are down by about 4 cents to $89.94, so you have things to pick up in those prices over the last couple of days. and the ten-year note at this point which yesterday was yielding above 1.8%, dropping down to 77.2%. finally, take a look at the dollar and gold. yen is at 83.99. gold prices this morning with all these movements in the currency markets up by about $1.10. >>> winter storm draco is moving across the united sta
Comedy Central
Dec 19, 2012 7:25pm PST
focus to europe. remember this fella here over my shoulder there? silvio berlusconi. a billionaire prime minister of italy elected three times even though as they say in rome, he was corrupt. >> the italian prime minister is no stranger to scandal. charges of bribery, corruption and embezzlement. >> officially guilty of tax fraud. >> sentenced to newshour years in prison for tax fraud. >> a serial flanderer. >> tales of lavish orgies. >> notorious all night so-called bunga-bunga parties. paying for sex with an underage prostitute. >> he was saying he could haven't sex with 11 women so instead he had sex with eight women. (laughter). >> jon: a man who had sex with eight women. that's the worst bond villain ever! (laughter) and if you pull one of them off, you just grow back. last november with the italian economy tanking, voters replaced berlusconi with his polar opposite, mario monti, an academic economist who promised to balance italy's books with strict austerity measures. that's not an easy choice. the country basically deciding it would be better to live with its hard-ass stepfather
FOX
Dec 20, 2012 4:00am PST
, audi and mercedes are just a few automakers releasing diesels in 2013.. while popular in europe -- the cars have made less of an impact in the u-s due to the fact that diesel fuel is more expensive. there's currently a missing ingredient in the martha stewart empire -- a ceo. the ceo of martha stewart living omnimedia -- lisa gersh -- is leaving the company after just one year. the company is now looking for a replacement. other branches of the company including its publishing and broadcasting units have experienced recent declines. pfizer is cutting jobs in order to cope with losses from its popular drug lipitor. bloomberg reports the pharmaceutical company will cut fs over broll 20 percent of its workforce -- or around 600 sales jobs. pfizer's lipitor has seen an increase in competition within the generic drug market. a spokesperson for pfizer did not confirm the report --but did say the company is making changes to fit the future needs of business. facebook gave investors something to "like" in 2012.. despite it's botched ipo day. because it was a heavy hitter.. ipo values t
SFGTV
Dec 19, 2012 4:00pm PST
. if you go to canada or europe, it's very common there, even on the east coast it's very common to. and they have gotten much better machines so you can now put a machine like that in front of the store. >> is that at whole foods at 4th street? >> no, it's at the safeway at 4th street and one at clement and 7th, safeway and one i believe at the marina safeway. >> are they being used? >> yes, they are. >> they are kind of limited, again, if someone comes up with a shopping cart it kind of shuts it down, but for the family or for folks, that is kind of the small-scale solution. that if we get the prices of those down, they are a little expensive at the moment. that could provide convenience in a lot of neighborhoods. and then you would need that distribution system to collect it. i think we do have some solutions. >> director dick-endrizzi? >> just to make sure that commissioner ortiz-cartagena, if the supermarket isn't there and then the small businesses in that half-mile radiuss, they are not required to participate in the program. it's just when the supermarket is establish
CNBC
Dec 19, 2012 7:00pm EST
people have to talk about the fact that essentially all these attacks in both the u.s. and europe are currently where guns are banned. >> we appreciate your perspective tonight. >> in the wake of friday's shooting in newtown, will the gun history face legal troubles like the tobacco companies did one time? mary thompson tackles that area. good evening, mary. >> good evening, joe. given the ongoing investigation into the rampage that killed 20 children and 6 adults, it's premature to say what legal action might be taken. when and if it is, it won't be an easy task. the 2005 protection of lawful commerce and arms acts pro secretaries manufacturerss are distributors and dealers from liability if others their probably. this makes it virtually impossible to seek damages from the gun history. another option is suing if the dealer was founding to negligent in selling the gun and if there are signs of negligence in the gunies design. you could argue that added safety features are needed. a feature like say an authorization technology in a would prevent someone from being used by someone o
FOX News
Dec 20, 2012 1:00pm PST
are iran and eastern europe. in iran jimmy carter helped topple the shah of iran and then stood back and did not help the new rebel government to set it sell up as self governing group and the ayatollah came in and shoved aside the well meaning democrats and set up an islamist state. look at fall of the reagan wall, when that happened we sent in people to help. we sent in bookkeepers and political experts to show them how to run the political parties and say this is how free media works but just gave them the tools. so iran, the greatest threat to world peace today. and, eastern europe, america's greatest ally. >>neil: very interesting. thank you very much. i almost forgot k.t. was speaking, the world is going to end tomorrow. did nut worry. that is when the mayans say we should be ready to say goodbye. hold off on that mortgage payment. second, take a look at what a lot of survivallives are spending their money on instead. >> they have always predicted the end of the world. >> i have a good feeling about this, sweetheart. hi. i'm henry winkler. and i'm here to tell homeowners that a
FOX Business
Dec 20, 2012 11:00am EST
, the bad news with merck on the cholesterol drug already approved in europe did not approval america. they spend a lot of money to come up with nothing in this country. for these companies to go out, getting some penetration in the marketplace, one of these rumors that may be viable. this is the $20 stock back in june so there's a lot of room to the upside. we take half on these ford of things especially if you make 14% to wait three four days and take it, not all that bad a cat and a month's run. dennis: is that flighty? a good company with good prospects and a takeover possibility why shouldn't i let my -- not take half of it? charles: it is called death of coin. how often the make 4% in three days? there are other competitors out there. doesn't have to be acquired. the public perception won't be as good. there are enough and knowns to register a little bit. cheryl: thank you. dennis: 15 past the hour, stocks every 15 minutes. team coverage, jeff flock in the trading pits of the cme, all the bad weather in the midwest, first nicole petallides on the stock exchange, the dow down. ni
CSPAN
Dec 20, 2012 1:00pm EST
in eastern and central europe that are struggling to not only become members of the european union, but to join the north anti-ic treaty organization because they -- atlantic treaty organization because they are still seek a chance to be free from that kind of repression. i'm reminded what took place during the 2008 olympics, summer olympics, in georgia when we saw the incursion from putin's russia into georgia over the break away regions, and we continue to see lots of threats. it is a very dangerous world. very dangerous world. tragically, plato said only the dead have seen the end of war. and i remember this, we saw the demise of the soviet union, the kremlin, berlin wall, many of us did believe, and it was famously wrote about the end of history believing that political pluralism, rule of law, and self-determination, and democratic institutions would thrive all over the world. well, it hasn't quite worked out that way in the last couple of decades. and we all know what the consequences of those threats have been for the first time ever. we had the kind of attack we did on septe
SFGTV
Dec 20, 2012 1:00pm PST
earlier and in the use of rubber bullets and i lived in europe for a long time and i can safely say that all weapons are harmless and tasers are no exception. even though they are disguised as a less lethal option and amnesty international reported that 500 people in the u.s. died since 2001 in california alone. we know that mentally ill people are particular risk but so are others, such as elderly, pregnant woman, and people with heart problems and drug users. i believe that there needs to be another alternative for crisis intervention teams and one without weapons. thank you. >> hope, as the founder, i have been for 40 years, and needless to say in that time i have encountered many people in crisis, and i am 76 years old and i am still there, and i hope that we will not put tasers in the hands of our police officers or anyone else especially those dealing with people in crisis. and i have dealt with many people in crisis, on the street, in our facilities and in our safe house for the homeless, addicted prostituted women who are trying to change their lives. i shutter to think what
CSPAN
Dec 20, 2012 12:00pm EST
of the next 10, 15 and 20 years. some people look to europe and say austerity there is not working. and i agree. an austerity program that's too quick can only make our problems worse. but i also see parts of europe that said by kicking the can down the road they can ignore their problems. and the only thing worse than austerity is the bond markets forcing a crisis upon your economy, forcing a crisis that would make a divide between spending and revenues more unsustainable. if we wait 3 years, 5 years, 10 years, 12 years from now we will be unable to safely deal with these problems. that's why we need a balanced and responsible deal now. after the election, many of my colleagues, particularly those on the republican side, have sort of publicly acknowledged that we need new revenue, has to be part of the solution. i believe even some of the numbers the president put forward in terms of revenue goals are too modest in terms of of what is needed to be put back into the revenue stream not to grow the size of government but to simply pay our bills. it is critically important that this new reve
FOX Business
Dec 20, 2012 1:00pm EST
futures exchange in europe in london so that is another factor. do they want the nyse or just the futures, there are so many, obviously very smart and a very highly respected and this has a certain standards, this building is regarded as a place of safety for your money. it really is. melissa: john boehner expected to speak in a few minutes as his plan b approach to the fiscal cliff, rich edson is at the capitol with the latest. >> waiting for the vote on the back a plan expected to come in the 8:00 hour this evening and even if it does pass the house democrats in the senate and in the white house say it has no chance to be passed or signed by the president so it gives the senate's one day to change this thing or do anything tomorrow because senate majority leader harry reid says the senate will be out at the end of this week not returning until december 27th so it appears this will be hanging over congress's head and the economy's head for quite some time but while this uncertainty is going on republicans say the house is moving ahead. >> the speaker indicated to the white house and pres
FOX Business
Dec 20, 2012 3:00pm EST
for the germans. [talking over each other] >> regulators time it. charlie: regulators in europe, eyes and nasdaq attempt over the stock exchange on antitrust grounds, your company is in one place. i don't think they're going to do that. [talking over each other] tracy: attempting that. charlie: this is a perfect fit, not much overlap. they will sell some stuff, but i think this is a perfect fit. duncan neiderauer had no choice. we should have a chart on trading volumes and this tells the story. since 2008 it has gone downhill except for a couple blips. [talking over each other] charlie: that shows you where it is going. in 2009 was pretty high, talking about less than half in a few years so they needed to do the deal and -- liz: floor traders you were the one reporter who asked about that. these guys wondered, an electronic exchange -- charlie: that is a pretty big story and other places don't cover that, they are not doing their viewers any good because what is it that this new business model has to offer over the nasdaq. there are people..o cf1 o that is the selling point. if you had a flash c
FOX News
Dec 20, 2012 12:00pm PST
. in italy, in europe, a lot of italians are baying little red horns because little red horns ward off the so-called evil i didn't. and, then, putin is not worried at all, the russian president says he knows when the world is ending, 4.5 billion years away but he also said, today, and this is interesting, that life on earth will end before the world ends because the sun is going to turn into a little white dwarf. this has been a good crop of mushrooms this year. >>shepard: apparently. maybe he can slay a dragon. what left is nasa is left. >>jonathan: nasa made a video datelined the day after the apocalypse with this message. >> december 22, 2012. if you are watch this video, it means one thing: the world didn't end yesterday. >>shepard: it means they released it early. >>jonathan: nasa says there are no comets that will collide with the earth or nothing that will bun us up but they did it early which makes you wonder really they really are preparing and just wanted to put this out but if you want reliable evidence the world is not ending i talked to my brother in new zealand a short time ago
ABC
Dec 19, 2012 4:00pm PST
't enough time for forces to get there. >> we had a lot of forces in europe, at sea andmo on land, t was not, it is not reasonable that they could have responded. in a timely way this, is over in a matter of about 20 or 30 minute ootz report says u.s. security at the consulate was forced to leave stevens behind when a second wave began. >> their decision to depart this special mission without ambassador stevens came after efforts of many u.s. security agents to find him, and sean snij a smoke filled building still on fire. >> stevens stepfather spoke to us by phone today saying the report is upsetting because it reveals nature of decisions made, and not made. the report makes 29 recommendations to secretary of state clinton, who has said she'll adopt all 29, including adding marine corps security guards. senator kerry who is being considered as her replacement had nothing but kind words for her response to the attack. >> i think that is an extremely positive step. i think it's courageous step. >> the report could not determine who took stevens to the benghazi hospital but he arriving
ABC
Dec 20, 2012 7:00am PST
with nutrients. and considered fine dining. and always have been in europe. >> always have been in europe. but the u.s. has been squeamish about those types of meat. >> not anymore. >> not anymore. >> but today, you have two dishes to start any meal. let's get started. the first one, is something with pomegranate. >> i want to start with chicories. they're bitter greens. most people have a beef or ham, a turkey. you want to have something that's going to be a little bitter that will cut that richness. so, we try to work with, you know, a little bit of bitter greens. this is your standard treviso. i'm going to cut that nice. really festive colors. really beautiful. >> and this is kosto franco. >> it likes -- >> i'm going to take out that core. watch out. i don't like to cut this green. i like to tear it. >> and you also have pomegranates. are these pistachios? >> these are pistachios. you have all these vibrant colors here. really simple. and now, pistachios are going to add a nut meat, fat protein to it. >> how do you get them out of the pomegranate? >> that is so hard. >> would you mind
CSPAN
Dec 20, 2012 6:00am EST
of forces in europe, at sea and on land, it is not reasonable they could have responded. this was over in a matter of 20- 30 minutes with respect to special mission specifically. and we had no forces ready or tethered, if you will, to focus on the mission. to go there was no mention of the cia report despite their close to the pact and more personal than they had diplomats. did they share --- >> we cannot discuss classified organizations. >> thank you all very much. >> two committees are holding hearings today on the attack on the consulate in libya that killed four americans. the senate foreign relations committee. we will hear from william burns and others at 8:00 eastern. you can see that live on c- span2. he will go to the other side of the capital in the afternoon to testify before the house foreign affairs committee about the libya report. that is live on c-span3 at 1:00 eastern. in a few moments, today's headlines and your calls live on "washington journal." the house is in session at noon eastern to hear plan be addressing the so-called fiscal cliff. in about 45 minutes, we wil
CNBC
Dec 20, 2012 6:00pm EST
is that coming from because i see china coming back a little, maybe europe's done going down, we seem to be a little bit stalled. somebody's building something around this world. >> i think it's a matter of jabil being very competitive in the markets we serve and having sufficient diversification so that if one part of our business, for instance networking on telecommunications may be going through a lull or slower period with government spending and bess spending, capital spending down, we have some other parts of our business that are doing extremely well. you mentioned some of the mechanics business we're involved in which we call our consumer technology business. that has nothing to do with electronics so we don't have to sell any electronic hardware for those businesses to perform well. parts of our business are a reflection of the economy and other parts of our business are growing very robustly. so i'm very hopeful for the balance of the year and, you know, i think the company is diversified enough to take advantage of whatever opportunities are out there. >> okay. i am so glad
CNBC
Dec 20, 2012 9:00am EST
they want it. say they are still in it. euro next over in europe, they are going to potentially take public, not a part of their plans, per se, in terms of just including it. here in the u.s., they still want the straight equities business. der riff city was the key. >> people want to believe this is not going to be the latest in a chain of squelch deals, denied deals. you think this one -- >> this one does not appear to have any hair on it when it comes to antitrust. >> nationalism. >> two u.s. companies. two u.s. companies. unless you want new york versus atlanta. that could be -- >> we did that. >> atlanta, the financial capital of the world. not the same ring to it. >> oracle buys a company. yesterday, merkel buys a company. today -- >> angela merkel bought a company? >> play that out. the insurance business. gardner denver perhaps. david -- >> yeah. >> this is deal mania. >> mention arris, trading up again, double the size of the -- what is happening? >> ge this week. >> potentially, the italian enginemaker. >> the fiscal cliff, result supposed to be frozen? aren't we supposed to be pa
CSPAN
Dec 20, 2012 5:00pm EST
of one of the greatest conflicts this world has known, senator inouye volunteered for service in europe. and in our most decorated military unit, the 442nd combat battalion, he engaged in the fields of europe, in the hill country of italy in a moment of such personal sacrifice and remarkable bravery as to humble any who hear its details. in his service over decades after that moment, he proved what he showed forth on that battlefield -- that danny inouye believed in america even before america believed in him. that even in a moment of such immense injustice in this country, this man's great heart, his aloha spirit, his embrace of the american dream, even in the moment when it was made most bitterly unreal, to thousands of people across this country of japanese ancestry, he led us forward, he pulled us into the greatness that is meant for this country. so the star of senator inouye may have dimmed in this chamber, this chamber that is surrounded in its border by stars, but, mr. president, as i share with you the daily honor of presiding over this chamber, i will in the days and months an
CNBC
Dec 20, 2012 4:00pm EST
the side of the mountain in almost every major country in the world, whether it's japan, china, europe is now pressing on the accelerator, brazil, even india, the united states. i think when you look at the monetary stimulus that's taking place around the world, the uncertainty over the cliff will go away. i think we'll grow better than 4% nominal and might grow 3% to 4% real in the united states and multiple expansion would clearly take place under that scenario, so i think it's hard to get to bearish, particularly when the stock market is not giving us any signs of meaningful deterioration, you know, whether you look at the technical indicators or fundamental indicators. >> a great point. bill stone, you know, rimm stock has done so well just in the last several weeks. we're still expecting a loss for the quarter on 2.66 billion in revenue, but do you own this stock? would you buy rimm? would you look to buy technology going into 2013? >> we don't own the stock. i will say i am a product user. i love rimm because i love that keyboard. i can't get rid of it. >> right. >> i don't reall
CSPAN
Dec 20, 2012 10:00am EST
choices here. and do we really need all these troops deployed in europe that have been there basically since world war ii? i mean, i don't think germany's going to invade france any time soon or russia's going to invade poland. but yet we have a huge amount of deployed american forces in europe. i mean, maybe we need to have a discussion about whether or not we need that. whether or not we can afford that expense. whether or not that does anything to enhance our security. again, i want a military that is the best in the world, i want it to continue to be that way, i want it to be second to none. i want to make sure we have all that we need but i don't want to be investing in things we don't need. and when the joint chiefs of staff and when the secretary of defense and all the experts tell us that they don't need something and we here appropriate money to keep something going that is unnecessary, that is unwanted, at the same time while you're trying to cut the benefits of some poor old lady, her social security, there's something wrong with this equation. we got to start thinking about
CSPAN
Dec 19, 2012 8:00pm EST
of europe. it was time for europe to pick up their own fair share of the burden. the same thing was true with fighting for fishermen. the same thing was true issue after issue out here on the house floor. dodd frank, which was debated right here on the house floor, the same place where abe lincoln was trying to get the votes to abolish slavery, same seats, barney frank led the effort to create the new financial services constitution for the 21st century, not just in the united states but on the whole planet. and there were some provisions that were so important, that is creating a consumer protection bureau, that they would rather have elizabeth warren be a senator than the head of the consumer protection bureau and that is a small part of the toe talt of that -- totality of that bill. he said stand up for what's right, even if you don't win early. he has been a parliamentary and substantive cop on the beat walking around here on the house floor using the microphone as his nightstick in order to make sure that nothing happened here that was wrong, would go uncommented upon so that people
FOX Business
Dec 20, 2012 9:20am EST
about 20 points. higher employment, surging debt, record government spending and recession in europe printing a ton of money. why isn't the price of gold going through the roof? it's not, you know, we'll have an answer after the break. ♪ >> i love this one, i'm going to read it for you, in case you can't read it yourself. government cannot make man richer, but it did make a man poorer. oh, yes. ♪ decorations for every christmas tree ♪ [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because psonal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see
CSPAN
Dec 20, 2012 9:00am EST
200 years. and there's countries, such as western europe, where you don't, we don't have to have what we have and yet you go to other places, and i've been shocked in some of the countries i've been in that are not country from the to the united states singh a minimal amount of marine presence that we have had there. and then, of course, we all learned, i think, at least i did for the first time, or i guess i heard it, it didn't stick previously, that the marines are there to guard the documents. that's shocking. their first obligation to be to protect americans that are serving in that embassy. i'm hoping that's going to change. i'm sure it will change. and it would seem to me the rules of engagement really need to be reviewed. i look at those people streaming through the front gates in benghazi. that would have taken that much to stop that attack if indeed they would have responded to it immediately, it seems to me. again, you are looking at film and understand it's a lot more sterile than actually being there on the ground at the time, but when armed people are coming to the front
CSPAN
Dec 19, 2012 11:00pm EST
more? >> as we look at this posture, very specifically, we have a lot of forces in europe and it is not reasonable that they could have responded. not in any kind of timely way. this was over in a matter of 20 or 30 minutes respect to special mission specifically. we have no forces ready or tethered, if you will, focus on that mission so they could respond. nor would i expect that we would. >> i noticed that there was no mention of the cia in the report. they had more personnel than there were diplomats. >> we cannot answer some intelligence questions, unfortunately. >> thank you all for being here today. >> nuts from a discussion on the lack of security in benghazi, libya. at 8:00 a.m. eastern, the senate foreign relations committee and the deputy secretary of state william burns. we will have that on c-span2. later in the day, the house side of the capitol and testifying for the foreign affairs committee. live coverage at 1:00 p.m. eastern here on c-span3. >> up next on c-span2, senator barbara boxer discusses two gun-control measures she plans to introduce. then caroly
CSPAN
Dec 20, 2012 6:00am EST
in an attempt to limit our planned deployment in europe, the russians have never abandonedo their goal of limiting the u.s. nuclear defense. the answer is u.s not reset, but recommitment to the principle that the most moral way to protect the american people from missile attacks is by missile defense. the third national security challenge i would briefly discuss is thedisc threat of political islam. to defeat an enemy, we must first know the enemy, and thatng includes calling them by their name, radical islamists who seek to impose their ideology to rule others, to govern political, social and civic life as well as religious life. intelligence is key to defeating political islam. the foreign intelligence surveil lance act and the patriot actt are good examples of the tools that we need enemies are planning, who theyy are before they strike. these tools cannot be allowed to expire. the patriot act reflects a recognition that investigators chargedinvestigaters preventingr acts of terrorism should have at least the same investigative tools as federal agents charged with targeting mobsters
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